SGX-listed Sinar Mas Land has launched an investment arm to support technological innovation.
The investment arm, called Living Lab Ventures, will accelerate and fund potential startups in Indonesia. The launch of Living Lab Ventures underscores Sinar Mas’ focus to develop a digital ecosystem, particularly adding the digital aspect within the overall township development.
Living Lab Ventures adopts a sector-agnostic approach hereby opening itself to a wider investment reach. It will focus on three main technological aspects, which are: smart technologies, digital life and mobility.